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Speaking to BusinessToday.IN earlier this year Dr Banerjee said that he had suggested a minimum income guarantee of Rs 2,500 per month, keeping in mind the fiscal discipline. However, the Congress announced a more expansive and ambitious Rs 6,000 crore a month with an outlay of Rs 3.60 lakh crore

MIT's Professor of Economics and now Nobel laureate, Abhijit Banerjee, shared his views on balanced income distribution to improve the poverty situation in India, earlier this year. Watch him speak to BusinessToday.In editor Rajeev Dubey about the country's economic conditions.

Modern monetary theory has provided hope that the current economic problems can be solved if we look at things in a \"new\" light. Blinded by this hope, the fact that this theory is not \"new\" and has failed in the past has remained hidden.

As per media report, Angus Deaton, the British economist who won the Nobel Prize in 2015, and French economist Thomas Piketty are advising the Congress on its ambitious minimum income guarantee scheme. The other people rumoured to be consulted are economist Abhijit Banerjee and former RBI governor Raghuram Rajan.

Street food to be audited for cleanliness and hygiene by FSSAIIndian street food experience could soon undergo a massive change if Food Safety and Standards Authority of India's (FSSAI) plans follows to fruition. FSSAI is implementing a \"clean street food hub programme\" so that you can enjoy your chaats and gol guppas without bothering about hygiene. The autonomous body has identified 144 clusters across the country that would be audited by FSSAI along with state authorities for...